3 ms·
"Before we proceed into a detailed discussion of net worth by age, we should note one glaring discrepancy in the numbers: the difference between mean and median
by biglyburrito 9mo ago
"Before we proceed into a detailed discussion of net worth by age, we should note one glaring discrepancy in the numbers: the difference between mean and median.
The average 50-something is worth about $1.4 million, according to Empower. But that’s a mathematical average, and the super-rich drive the number way up.
The “median” 50-something – imagine the middle number in a long list of numbers – is worth a more modest $192,964."
So yeah, just a wee bit sensationalism in that headline.